MAX Power Makes Strategic Management Move to Accelerate Natural Hydrogen Opportunities

VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) is pleased to announce that Mr. Mansoor Jan, an 18-year mining industry executive with extensive experience in various roles at BHP Australia, BHP Chile, and Rio Tinto, has been appointed as the new CEO of MAX Power, effective immediately. This leadership change comes as the Company realigns its strategy to fully capitalize on what it sees as a rapidly growing Natural Hydrogen opportunity in Saskatchewan.

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Mr. Rav Mlait, the Company’s Founding CEO, takes on a new role in Corporate Development, focusing on Natural Hydrogen opportunities in Canada and the United States, as well as strategic options related to the Company’s Willcox Lithium Project, where a drilling discovery was confirmed earlier this year.

Mr. Jan commented: “Having witnessed first-hand the Natural Hydrogen boom in southern Australia, and learning about Saskatchewan’s prospectivity as a North American leader in Natural Hydrogen, I am elated and honoured to join MAX Power as CEO at this critical stage in the Company’s young history. It was brilliant forward thinking on Rav’s part to get MAX Power positioned in Natural Hydrogen earlier this year, and he has positioned the Company and shareholders in a highly favorable way. I’m confident, with my many years of experience in the resource sector with BHP and Rio Tinto, and my capital markets background, that I can help take MAX Power to the next level where it becomes a globally recognized success story in Natural Hydrogen.”

Mr. Jan added, “I’ll be visiting Saskatchewan shortly. I’m looking forward to working closely with Mr. Neil McMillan, our Senior Strategic Advisor, to drive various initiatives that further enhance our efforts in a province that has the potential to become a world leader in Natural Hydrogen. Saskatchewan could be Australia on steroids when it comes to Natural Hydrogen.”

Mr. Mlait commented: “Mansoor brings a strong new dynamic to MAX Power at just the right time, and is a great complement to the broader team we have assembled. Adapting quickly and further strengthening our team like this is essential given the rapidly building momentum around Natural Hydrogen.”

Mr. Jan has also been appointed to the Board of Directors of MAX Power, replacing Mr. Mlait who has stepped off the Board, with the plan to add a fifth Board member in the near future.

Mr. Jan is an Australian resident with an extensive background in the mining sector and in the capital markets. Throughout his career, Mr. Jan has held key roles in various organizations, including BHP and Rio Tinto, advancing projects in multiple countries. At BHP, he managed business planning activities, capital prioritization, mine operation, technology delivery and business development, coordinating activities across Chile and Australia. Mr. Jan holds a BA and an MSc in economics and a Master of Commerce from University of New South Wales in Australia.

Natural Hydrogen Video

Learn more about Natural Hydrogen by clicking on the following link:

https://vimeo.com/953002092/d6f8574ba4

MAX Power Natural Hydrogen Deck

Learn more about MAX Power’s push into North America’s Natural Hydrogen sector by clicking on the following link:

https://www.maxpowermining.com/Presentations/MAXPower-NaturalHydrogen.pdf

MAX Power Corporate Presentation

Click on the following link to view MAX Power’s Corporate Deck:

https://maxpowermining.com/Presentations/MAXPower-Corporate.pdf

About MAX Power Mining

MAX Power is an innovative mineral exploration company focused on North America’s shift to decarbonization. MAX Power is a first mover in the rapidly growing Natural Hydrogen sector, through strategic alliances with Calgary-based Chapman Hydrogen & Petroleum Engineering Ltd., and European-based Larin Engineering HHC. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a recent diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona.